The ICT sector as a driving force for institutional development

Abstract

Economic research in recent years has emphasized the need to analyze the development of a particular area through the prism of interrelation with other areas. Despite the widespread introduction and application of information and communication technologies (ICT), the relationship of this sector with institutional development is not fully described. The article is devoted to the issue of the influence of the sphere of information and communication technologies on the institutional development of national economies. The relationship between the level of development of the ICT sector and the institutional development of the country was established on the basis of a statistical analysis of the key development indices of the above categories. A list of key directions of economic policy of the Republic of Belarus has been formed with the aim of forming and developing an efficiently functioning ICT sector.